Secure online payments with cards issued by Municipal Bank will now have a static and dynamic password
As of 25.09.2020, in addition to the opportunity provided to make secure online payments through the 3DS scheme, Municipal Bank AD is introducing a free-of-charge two-factor authentication model for its Mastercard cardholders.
Thus we increase the monitoring and prevention against fraud attempts while shopping on the Internet.
The two-factor model is a combination of a dynamic and a static password, which are entered by the cardholder to confirm online payment operations with a bank card.
The new security level is introduced by receiving an initial static password via SMS, sent by "ОВ".(Example: ОB: NNNNNN e parolata Vi za registraciq na karta ****nnnn za sigurni plashtaniq v Internet. Za registraciq: https://3ds.borica.bg/OBSHTINSKA do dd.mm.yyyy hh:mm.)
Every cardholder registered to use a dynamic password for secure online payments using the 3DS scheme will receive via SMS a one-time static password applicable to the card. The password is valid for one month from the date of receipt and is only used to log in to the application for entering a confirmation code when paying online. After successfully logging into the application, the static password must be changed with a new one chosen by the cardholder.
The one-time static password received cannot be used to authorize online payments.
Please note that the new password must be at least 8 characters long, contain upper and lower case letters (in Latin), at least one number and a special character.
Valid special characters include _ - % @ & * \ . # , / ? !
You can change the one-time static password you received HERE.
After changing the one-time static password with a new one of your choice, the online payments made will always be authorized only when the static password and dynamic password are entered. The dynamic password will still be generated once at the time of a transaction request and will consist of a one-time unique 6-digit code generated by Borica AD. The dynamic password will be provided to the cardholder via free SMS to their registered mobile phone number.
You can find detailed instructions for changing 3D passwords HERE .